RE:RE: $25 Million Bought Deal FinancingMrHamilton1965 wrote: Hey SHOOTER,
Nice analysis and summary.
I'm not worried about the dilution or the stock price dropping too significantly. I'm happy to see Levy make the necessary moves to keep this ship afloat long enough to be handsomely rewarded [including us].
Like PAPI, I don''t expect much as far as Q4 results, even though there was the assertion that recent baseball wagering eclipsed the superbowl.
What we really need is to be uplisted to the big boards in US and Canada, as well as find our way into MI, IA and IL...and of course be live in CO and IN before the SB.
Fingers crossed we can salvage something in 2020...but 2021 is our year.
I'm on the same page as a lot of you guys, not expecting much from the Jun-Jul-Aug quarter (which reports in Oct), and even the Sep-Oct-Nov quarter may not be stellar (reports in Jan 2021), but that doesn't mean the new investors that just picked up 30M+ shares feel the same way. I'm just very concious of one entity holding that many shares, they can make some noise if they want to, i.e. "activist investors". I don't know that they are as patient as a lot of us are but hopefully they are, and are also looking at a late 2021 or 2022 horizon at the minimum instead of a quick flip.
I think SCR knows what they are doing in general and will be fine, I agree we're looking at mid-2021 for some real numbers and results. I'm already looking ahead to the April 2021 earnings, which covers Dec 2020-Jan 2021-Feb 2021. I think that will be the a true measure of what a "real" quarter looks like with multiple states fully online and all systems go.